LAHORE – Billions of rupees of properties of Fawad Hasan Fawad, whoremained principal secretary to ex-prime minister Nawaz Sharif have beenrevealed.
He is already under arrest in the Rs14 billion Ashiana Housing Scheme.
“The NAB has detected a multi-storey plaza in Rawalpindi worth billions ofrupees belonging to Mr Fawad and members of his family. Besides, a numberof transactions worth millions of rupees have been detected in their bankaccounts.
He said the bureau was also probing other assets of Mr Fawad here or abroadand quizzed him to know the source of income to acquire the plaza.
“Fawad has yet to provide money trail about his plaza,” he said, addingthat the bureau had written to the Federal Board of Revenue, excise andrevenue departments, the Capital Development Authority and the LDA seekingproperty details of Mr Fawad. Once the bureau unearths illegal property ofFawad, a reference will be filed in the accountability court against him,”the source said and added that Mr Fawad was being probed in both Ashianascam and the case of having assets beyond his known sources of income.